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Market Impact: 0.45
Snowflake's Valuation Looks Pricey — but Analyst Still Sees Room to Run
Source: benzinga.com
Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Snowflake shares jumped nearly 24% to a record high in Thursday premarket after the company posted stronger-than-expected quarterly results and raised its annual outlook. The earnings beat combined with upgraded guidance drove the sharp upside reaction versus expectations.
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